貨幣與銀行
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Nowadays one can use a credit card or coins to make phone calls from public telephones. The telephone company accepts the use of credit cards for phone calls because
In Hong Kong a restricted licensed bank faces more restrictions than a licensed bank with reference to :
Money will NOT exist if
Which of the following is NOT a function performed by the Exchange Fund?
In Hong Kong, savings deposits with licensed banks are
A time deposit fulfils the function of money as a
Assuming that a 20% reserve ratio is required by law, when the banking system has excess reserves of $20 000, it can at most increase its deposits by
The table below shows the total reserves, loans, and deposits of a bank:
| Assets ($) | Liabilities ($) | ||
|---|---|---|---|
| Reserves | 200 | Deposits | 500 |
| Loans | 300 |
From the table, we can say that
The potato is NOT a good form of money mainly because it is
Which of the following descriptions about barter is FALSE?